World News Feed
Latest news from trusted sources around the world
Investors nurse losses after ‘short squeeze’ at car rental group Avis Budget
US company’s equities had soared more than 400% in echo of Wall Street’s 2021 ‘meme stock’ craze
Trump envoy seeks to replace Iran with Italy in football World Cup
Request to Fifa is pitched as effort to repair US ties with country even as Iran says it is ready to participate
Tesla shares rally as profits rebound from last year’s lows
Net income rises 17% but is still second-weakest figure in five years
US may extend $500mn in rescue funding to Spirit Airlines
Money would come with equity warrants that could make government majority owner of struggling discount carrier
Ukraine miner Ferrexpo warns it could run out of cash by August
London-listed company’s shares plunge as it considers capital raise of at least $100mn
Starmer challenged in cabinet over Mandelson scandal as ministers step up criticism
Home secretary questions PM’s praise of Olly Robbins days after sacking him and first Labour MP calls on leader to quit
Switzerland hits UBS with proposed $20bn capital increase
Federal Council sets out plans for banking reform after months of lobbying by country’s biggest lender
Energy traders dig in for a long Iran war
Vitol, Trafigura and rivals expand credit lines in anticipation of prolonged disruption to global oil and gas flows
Warsh’s data preferences risk costly inflation mistake
Trimmed-mean measures paint a favourable picture — they did the same, wrongly, in 2021 and 2022
FirstFT: Trump extends Iran ceasefire
Also in today’s newsletter: SpaceX strikes deal to acquire code-editing start-up Cursor and a new podcast series on the history of money
France and Germany extend deadline to try to save joint fighter jet
Mediators have until April 28 to overcome power struggle between Airbus and Dassault Aviation
Population collapses of yore
Poring over precedents for China’s prospective population plummet
UK taxes on wages rose more than in any other rich country …
Increase reflects higher employer national insurance contributions and fiscal drag
UK inflation accelerates to 3.3% in March as petrol prices jump
Figure underlines economic impact of the Middle East conflict
Iran accuses US of violating international law over vessel seizure
Iran’s ambassador to UN also accused Washington of ‘continuing internationally wrongful acts’ that breached ceasefire agreement
Prudential Financial extends Japan sales pause after mis-selling scandal
Insurer says changes will take longer to implement than had been expected
BHP strikes China iron ore deal after months of talks
Mining company firms up copper guidance in Mike Henry’s final results as chief executive
Can EVs kill off petrol cars in China?
Electric-vehicle makers target less affluent heartland for next phase of growth
Acid attack shakes Indonesia as army returns to fore
Alleged involvement of soldiers rattles Indonesians fearful of increased role of military under Prabowo
JetBlue pressed by US lawmakers over suspected surveillance pricing
Deleted airline post on social media suggested a customer could see better airfare by clearing browser history
Peru elections chief resigns as vote count continues nine days after poll
Piero Corvetto steps down as candidates advancing to presidential run-off in June remain unclear
Trump extends Iran ceasefire until talks conclude
Iran has cast doubt on negotiations and says US has violated the truce
Trading disruption
Reporting from the FT Commodities Global Summit 2026
Warsh sidesteps questions over Trump’s influence on Fed rate policy
Nominee to head US central bank grilled by senators over president’s public calls for cuts
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